DOT DAO strategic proposal enters referendum, but has not yet reached the passing threshold
According to Deep Tide TechFlow on October 12, the DOT DAO strategic authorization proposal (Referenda #1954), initiated by PCF, has entered a referendum on the Wish For Change track. Citing Polkadot OpenGov, the report says the proposal currently has 100% aye votes, with a support score of 0.00%, and has not yet reached the passing threshold.
The proposal seeks to prioritize user acquisition over ecosystem scale, TVL and other KPIs, and proposes launching DOT-collateralized stablecoins such as dotStables (e.g. dotUSD), using a design based on the Liquity model. Conditional analysis: If the proposal passes and the related products are launched, whether user demand can translate into demand for DOT collateral will be key to assessing its impact.
The latest referendum status and final outcome, as well as the stablecoin’s implementation timeline and specific mechanisms, still need to be verified. It cannot yet be confirmed that the related products have launched, nor can it be determined whether the proposal will bring actual user growth.
$DOT
According to Deep Tide TechFlow on October 12, the DOT DAO strategic authorization proposal (Referenda #1954), initiated by PCF, has entered a referendum on the Wish For Change track. Citing Polkadot OpenGov, the report says the proposal currently has 100% aye votes, with a support score of 0.00%, and has not yet reached the passing threshold.
The proposal seeks to prioritize user acquisition over ecosystem scale, TVL and other KPIs, and proposes launching DOT-collateralized stablecoins such as dotStables (e.g. dotUSD), using a design based on the Liquity model. Conditional analysis: If the proposal passes and the related products are launched, whether user demand can translate into demand for DOT collateral will be key to assessing its impact.
The latest referendum status and final outcome, as well as the stablecoin’s implementation timeline and specific mechanisms, still need to be verified. It cannot yet be confirmed that the related products have launched, nor can it be determined whether the proposal will bring actual user growth.
$DOT
